123 SW Jefferson Ave #E14APeoriaIL61602
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Peoria at 123 SW Jefferson Ave #E14A, Peoria, IL, 61602 uses $36,962 cash to close to unlock $4,440/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $546/mo payment keeps the spread at $370/mo. Purchase price stands at $111,500, and rental yield measures 19.97% with $1,856/mo rent. Return on cash invested shows 31.92% in year one, and 5% annual appreciation builds toward $30,805 over five years. Five-year ROI reaches 176.62% and total cumulative return in cash records $65,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $546/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$514 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61602, Peoria, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 749 (100%) |
| Owner Occupied HU | 98 (13.1%) |
| Renter Occupied HU | 510 (68.1%) |
| Vacant Housing Units | 141 (18.8%) |
| Median Home Value | $251,429 |
| Average Home Value | $222,653 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
172
Multi-Family
655
Businesses
629
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Listed by: Zachary Oyler • Keller Williams Premier Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258353
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.